24 June 2016
Thank you Rupesh sir. I also used this method but Parties balance confirmation Or Account Statement is not Easily Available Company Owner said our parties Not give me account statement. ok But Some Parties No any transaction or balance due Really but as per Manual accounting balance outstanding because accounting transaction not treat properly. Example Company Paid 500 rs. To A Through Bank. Accountant Also make payment entry but when goods come in store No any entry passed . so creditors balance shown Dr. amount. In this situation I am very confused and i have no any solution. sir
24 June 2016
there is no other way to resolve the due to, if you write off the amount, or book the amount as exp. then future if any deptt raise the question or demand the proof then you have no evidance to pass this entry.
17 July 2016
Dear sir please tell me What is the type of Dealer. I am Tally user and when i activate VAT Features in tally i have option to choose- Composition, Composition To Regular, Regular but i dont know about this. Sir please explain me in Hindi if possible otherwise i tried to understand. Thanks
20 July 2016
theses are under the vat act-depend on the state vat act. composition- for example bricks makers etc its fixed by the deptt. on basis of the capacity of plant/facility they have or like builder contractor they have to pay a fix rate of vat . they can take input and make output on sale and diff can be pay its on their wish what they want. Regular- these are other than above they pay tax on the basis of item sale by them. composition to regular- theses are dealer when they opt. first but they feel these are loss of vat input then they opt. this scheme, then they have to follow the vat law instruction/rules for taking input and output vat for that.
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